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Malloy signals budget changes on horizon

Gov. Dannel P. Malloy   (Christine Stuart photo)
Gov. Dannel P. Malloy (Christine Stuart photo)

HARTFORD, Conn. – As budget negotiations continued at the capitol Wednesday, Gov. Dannel P. Malloy told reporters that legislative leaders need to accept “real cuts” and “real tax changes” as the special session to implement the budget approaches.

The $40.3 billion state budget the General Assembly approved June 3 already was the product of negotiations between the legislature’s Democratic majority and Malloy, but as soon as it was passed the public outcry from the business community was too much to ignore. Lawmakers quickly sought to distance themselves from the deal and Malloy proposed a reduction of $223.5 million to the tax package, telling the legislature he would find an equal amount in spending cuts himself if they didn’t want the responsibility of doing it themselves.

“I think what has to transpire is real,” Malloy said. “There has to be real cuts, real changes, and real tax changes.”

See the complete story at CT News Junkie.

 

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